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Trump Claims US Profits from Rising Oil Prices, Vows to Halt Iran's Nuclear Weapons Program
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Trump: US profits from rising oil, vows to stop Iran's nuclear weapons
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Moneycontrol
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12-03-2026, 19:08
Trump: US profits from rising oil, vows to stop Iran's nuclear weapons
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US President Donald Trump stated the US benefits financially from rising global oil prices.
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Trump emphasized that preventing Iran from acquiring nuclear weapons remains his administration's top priority.
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He linked ongoing tensions with Iran to global energy markets, reiterating his long-standing position against Tehran’s nuclear ambitions.
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Trump noted the US is the largest oil producer, making "a lot of money" when prices increase, but financial gains are secondary.
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The remarks follow sharp oil price volatility due to escalating US-Israel-Iran conflict in West Asia, with Brent crude spiking over USD 100.
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